Culled—Proshare March 21, 2018/FBNQuest Research Event: Access Bank reports Q4 2017 results Implications: Likely downward revisions to consensus PBT forecasts and negative reaction from the market Positives: Funding income grew 28% y/y: opex declined by 21% y/y Negatives: PBT fell by 67% y/y due to a reduction in non-interest income and a […]
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Unitykapital Assurance Announces Resignation Halima J Wushishi as Company Secretary
March 21, 2018/NSE This is to notify The Nigerian Stock Exchange (”The Exchange”) esteemed shareholders, stakeholders and the general public on the resignation of Ms. Halima J. Wushishi, the Company Secretary of UnityKapital Assurance Plc from the services of the Company with effect from 9th March, 2018. Consequently, Mrs. Folaranmi […]
Dangote Cement Plc Plans to Raise $833m Via Bonds to Fund Expansion
Culled—Proshare March 21, 2018 Bloomberg is reporting that Dangote Cement Plans to Sell $833m in bonds for expansion. The debt will be issued in tranches over next three years, says the Chief Financial Officer (CFO) and the company is also considering sale of Eurobonds to improve funding. According to the […]
